Tag Archives: unfunded liability

$123 Trillion in Unfunded Liabilities

Most Americans know that our nation is spending more than it is taking in (the deficit). Though many on the Left do not seem to understand (or care about) the consequences of out of control spending, most Americans do know … Continue reading

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Medicare Faces Unfunded Liabilty of $38.6T

Medicare faces an unfunded liability of $38.6 trillion, according to the Medicare Trustees report released Monday. The unfunded liability is the amount that has been promised in benefits to people now alive that will not be funded by the tax … Continue reading

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